OpenStack Market in APAC region to grow at a CAGR of 40.47% over Forecast 2015-2019

Albany, NY, Nov 04: The open stack market in APAC to grow at a CAGR of 40.47% over the period 2014-2019. Open stack is an open-source cloud-based computing technology that was initiated as a joint project by Rackspace and NASA in 2010. The technology includes a set of software tools that help manage and build cloud-computing platforms. This open-source software is backed by major companies and many individual community members, who are involved in software development and hosting. Open stack is considered the future of cloud computing. Some major vendors supporting the technology include Cisco, Rackspace, Dell, HP, IBM, Intel, Oracle, Red Hat, and VMware.

Cloud computing works on three different models:
- Software
- Platforms
- Infrastructure

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In this report, Technavio covers the present scenario and growth prospects of the open stack market in APAC for 2015-2019. To calculate the market size, Technavio considers the revenue generated from the installation of open stack-based cloud solutions. It also includes the revenue contribution from cloud service providers and distributors. The report considers associated services such as installation and maintenance that form a part of the open stack cloud deployments or solutions for market size calculation.

The open stack market in APAC includes the following main segments:
- Service providers
- Distributors
- Other providers

The report presents the vendor landscape and a corresponding detailed analysis of the top seven vendors in the market. In addition, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market, as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

Key vendors
- Cisco
- Dell
- HP
- IBM
- Mirantis
- Rackspace
- Red Hat

Other prominent vendors
- 99Cloud
- ActiveState
- AMAX Information Technologies
- AnsibleWorks
- AppFog
- Aptira
- Arista
- AT&T
- Beijing Teamsun Technology..............

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Key questions answered in the report include:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.